Exploration Program definition

Exploration Program means a program to determine the existence, location, extent and quality of mineral resources in the Property and may include, without limitation, soil sampling, grid preparation, induced-polarization surveys and line-cutting, surveying and diamond drilling;
Exploration Program means the exploration program which the Issuer intends to undertake with respect to its properties;
Exploration Program means any program or plan formulated by the JVC's geologists and engineers for the exploration of an Operating Area or Operating Areas. "Exploration Unit" or "Exploration Units" means an area or areas, each 1 km2 in size, forming the basic units of an Exploration Area. "General Manager" or "Deputy General Manager" means the individual or entity appointed pursuant to Article 35 herein. "Government Instrumentality" means any state, provincial, city , municipal or local government and any department thereof, or the central bank, court, commission, bureau or board exercising any regulation, expropriation or taxing authority under or for the account of any of the foregoing. "Joint Venture Company" or "JVC" means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Minerals" means all base and precious metals, industrial minerals that are discovered or are present within the Exploration Areas. "Mining" means mining, extraction, production, transportation, treatment, filtering or any other mining production process, including the processing of by-products and products refining using any method. "Mining Rights" means mining licenses and contract rights held by the JVC in the Operating Areas. "MGMR" means the Ministry of Geology and Mineral Resources of PRC. "Operating Activities" means all proprietary activities of the JVC, including feasibility studies, ore dressing, prospecting, processing, construction of processing plants or other activities in relation to mining, transportation, smelting, or other activities in relation to Minerals conducted by or on behalf of the JVC. "Operating Area" or "Operating Areas" means the area or areas, each comprising a number of Exploration Areas, defined by geological, mineral and geographic restraints, in which the JVC decides to carry out any Operating Activities pursuant to an Operating Budget and Operating Procedures. "Operating Budget" means the budget prepared by Party B for each Operating Area estimated on the basis of RMB 2,000 per km2 on average, to be submitted to the JVC for implementation. "Operating Licenses" means all Business License, Exploration Licenses, Mining Licenses, approvals, permits and registrations that the JVC may need to operate in Contract Areas and/or Operating Areas. "Operating Procedures" means the procedures formulated by the Board of Directors for carrying out and maintaining Operating Activities. "Operating Schedule" means the schedule substantially in...

Examples of Exploration Program in a sentence

  • The Issuer will not renounce any Qualifying Expenses in respect of its Exploration Program in favour of any person other than the Purchaser and the other Purchasers who participate in the Offering of which the Subscription Agreement is a part.

  • If the Purchaser is not a Québec Resident, such Purchaser acknowledges that although the expenses incurred in performing the Exploration Program will qualify as Qualifying Expenses under the Tax Act, such Purchaser will not be entitled to any additional deductions available to Quebec Residents under the QTA.


More Definitions of Exploration Program

Exploration Program means the operations to be conducted by the Parties in the area using 2-D, and or 3-D seismic, and other exploration technologies to explore for subsurface geological formations and anomalies indicative of the existence of oil, gas and other hydrocarbons, along with all necessary processing, review and analysis of such data, including without limitation acquisition of new geophysical data or the reprocessing of existing available geophysical data covering some or all of the Eagle Ford Trend Area or across other areas if the data will contribute to the evaluation of the trend and the subsequent leasing of prospective areas.
Exploration Program has the meaning set forth in recital C above;
Exploration Program. The minimum Exploration Program that the CONTACTOR agrees to perform during each phase of the Exploration Period it enters.
Exploration Program shall be a Program conducted within the Area of Interest, and it shall include but not be limited to geological mapping, geochemical sampling, geophysical surveys, drilling, bulk sampling and other such work expended to ascertain the existence, location, quantity and quality of deposits of Products within the Area of Interest.
Exploration Program has the meaning set forth in Section 8.11;
Exploration Program means the exploration program for the Property proposed by the Author in the Technical Report. See "Property Description and Location – Recommendations";
Exploration Program means any relevant budget and program, as the case may be, pertaining to such phase (or part thereof) approved by the Board from time to time